Odigma Consultancy Solutions Limited has announced the transmission of shares from a deceased promoter group member to his legal heir, following regulatory compliance requirements under SEBI listing regulations.

Share Transmission Details

The company received intimation on December 22, 2025, regarding the transmission of shares held by a deceased member of the promoter group to his legal heir. This development follows the company's earlier intimation dated November 26, 2025, and is being disclosed pursuant to Regulations 30 and 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The transmission details are as follows:

Promoter Group Classification Changes

Following this transmission, there will be changes in the promoter group classification as per regulatory requirements:

1. In terms of Regulation 31A(6)(a) of the Listing Regulations, Mr. Vishal Subhashchandra Amin will now be classified as a person belonging to the promoter group.
2. Pursuant to Regulation 31A(6)(c), Late Mr. Subhashchandra R. Amin will cease to be part of the promoter group with effect from the aforementioned transmission date.

Impact on Shareholding Pattern

The company has indicated that the shareholding pattern for the quarter ending December 31, 2025, will reflect the updated and accurate promoter and promoter group shareholding following this transmission. This ensures compliance with regulatory disclosure requirements and provides transparency to stakeholders regarding changes in the promoter group composition.

Regulatory Compliance

The share transmission has been conducted in accordance with applicable regulations governing the transfer of shares from deceased promoter group members to their legal heirs. Odigma Consultancy Solutions has made the relevant details available on its website at www.odigma.ooo for stakeholder reference and has informed the stock exchanges for record-keeping purposes.

Odigma Consultancy Solutions Limited has received a GST demand order worth ₹16.75 lakhs from tax authorities in Karnataka, as disclosed in a regulatory filing on December 11, 2025. The company informed stock exchanges about this development under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

GST Demand Order Details

The demand order was issued by the Office of the Assistant Commissioner, DGST O-5, Bengaluru, Karnataka in Form GST DRC-07 under Section 73 of the CGST/SGST Act, 2017. The order determines tax liability and levies penalty and interest for the assessment period.

Nature of Alleged Violation

The GST authorities have alleged disallowance of GST Input Tax Credit (ITC) claimed in the company's GST returns for the period from April 2021 to March 2022. The demand order specifically relates to input tax credits that the company had claimed during this assessment period.

Company's Response and Position

Odigma Consultancy Solutions has contested the demand order, citing provisions under Section 16 of the CGST Act, 2017. According to the company's assessment:

• A registered person is eligible to claim Input Tax Credit on services used for business purposes
• This eligibility is subject to possession of valid tax invoice or other prescribed tax-paying documents
• Actual receipt of services is also required for claiming ITC
• The company had reiterated this position in its additional submission filed in response to the Show Cause Notice

Financial Impact Assessment

The company has stated that based on its assessment, the aforementioned demand is not sustainable. Odigma Consultancy Solutions believes the order has been passed without adequately considering the crucial clarification provided under Section 16 of the CGST Act, 2017.

The company has explicitly stated that it does not anticipate any material impact on its financials, operations, or other activities arising from this matter. Management is currently evaluating all available options, including filing an appeal against the order.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of SEBI Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The intimation has also been made available on the company's website at www.odigma.ooo for stakeholder reference.